3723 Artesia Boulevard

Torrance, CA 90504

$2,200,000
Price
11
Beds
8
Baths
4,963 Sq. Ft.
$443 / Sq. Ft.
4,963
Sq. Ft.
$443
per Sq. Ft.

Description

5 Unit apartment building centrally located in the city of Torrance with shopping and freeway access on Artesia Blvd. The property comprise of 3 Bedrooms and 1 Bedroom units, professionally managed with strong consistent income in place. Recently painted and had various upgrades throughout ownership. Property does not fall under any city rent control.5 Unit apartment building centrally located in the city of Torrance with shopping and freeway access on Artesia Blvd. The property comprise of 3 Bedrooms and 1 Bedroom units, professionally managed with strong consistent income in place. Recently painted and had various upgrades throughout ownership. Property does not fall under any city rent control.
  1. Listed by Raymond Lau • DRE #02096331 • Brokerage DRE #01385864 • Keller Williams Palos Verdes • 310-294-2134

Property Details for 3723 Artesia Boulevard

Parking Spaces Total
10
Private Pool
No
Cooling Type
N/K
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4963
Assessor Parcel Number
4087-015-027
LISTING UPDATED: 02/14/2025 03:00 AM

Property Details for 3723 Artesia Boulevard

StatusActive
MLS #SB24235471
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
CountyLos Angeles County

Building Information for 3723 Artesia Boulevard

Building/Complex3723 Artesia BlvdFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1958Building Size-

Property Information for 3723 Artesia Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $146,940
  • Gross Scheduled Income: $146,940
  • Gross Operating Income: $146,940
  • Net Operating Income: $122,300
  • Laundry Income: $130
  • Gross Multiplier: 14.97
  • Cap Rate: 5.55
  • Current Financing: None
Expense Details
  • Operating Expense: $24,640
  • Fuel Expense: $0
  • Electric Expense: $377
  • Insurance Expense: $2,785
  • Professional Management Expense: $0
  • Trash Expense: $3,840
  • Water Sewer Expense: $2,232
  • Total Expenses: $9,234
Tax / Assessment Info
  • Tax Tract Number: 650...
  • Tax Census Tract: 6500.03
  • CFD/Mello-Roos Fee: $23,763
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Park, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Concrete, Laminate
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,761
  • Unit Type Total Rent: $2,761
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,756
  • Unit Type Total Rent: $1,756
  • Unit Type Pro Forma: 2298
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,761
  • Unit Type Total Rent: $2,761
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,298
  • Unit Type Total Rent: $2,298
  • Unit Type Pro Forma: 2298
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,669
  • Unit Type Total Rent: $2,669
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 3723 Artesia Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3723 Artesia Boulevard

Taxable ValueLand$821,916Additions$1,200,171Total$2,022,087
Tax Record2024$24,211 ($2,018 / month)
Home Facts
Total Finished SqFt4,936 SqFtAbove Grade Finished SqFt4,936 SqFtLot Size6,255 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningTORR-MDCountyLOS ANGELESAPN4087-015-027

Schools near 3723 Artesia Boulevard

This home is within Torrance Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Evelyn Carr Elementary School
PublicK to 5

Philip Magruder Middle School
Public6 to 8

North High School
Public9 to 12

Gene Drevno Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3723 Artesia Boulevard is a multi-family home for sale in Torrance, CA 90504. This property was listed for sale on November 18, 2024 by Keller Williams Palos Verdes, it's currently listed at $2,200,000. It has been on the market for a total of 106 days and was last sold on April 4, 2022. This listing's school district is Torrance Unified School District. Nearby schools include Evelyn Carr Elementary School, Philip Magruder Middle School and North High School. 3723 Artesia Boulevard is a 11-bed, 8-bath, 4,963 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Palos Verdes, Raymond Lau, DRE #02096331

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.